Day Trading Stocks & Futures

[vikas2131]

1. First the Secretariat in Chennai, now Amravati in Andhra Pradesh.

It only proves that you have to be a really stupid person to invest in India.

Because here the decisions are not taken objectively, but based on the idiosyncrasies and stupidities of stupid and idiotic Politicians.

2. If one political party cannot uphold the sovereign contracts made by another, then what's the point of sovereignty? Who will an investor trust? And its not a matter of a few 100 bucks. We are talking about billions of dollars here. Why on earth will anybody come here?

3. And if you want to go legal, then even better. Because by the time our courts come to a decision, and our Lords finish writing 1000 page letters of love, the technology or the requirement of the factory is redundant anyway Take my word. Don't invest in India. We don't deserve it

 

[siddhant4u]

1. First the Secretariat in Chennai, now Amravati in Andhra Pradesh.

It only proves that you have to be a really stupid person to invest in India.

Because here the decisions are not taken objectively, but based on the idiosyncrasies and stupidities of stupid and idiotic Politicians.

2. If one political party cannot uphold the sovereign contracts made by another, then what's the point of sovereignty? Who will an investor trust? And its not a matter of a few 100 bucks. We are talking about billions of dollars here. Why on earth will anybody come here?

3. And if you want to go legal, then even better. Because by the time our courts come to a decision, and our Lords finish writing 1000 page letters of love, the technology or the requirement of the factory is redundant anyway Take my word. Don't invest in India. We don't deserve it

Just received call from Vodafone. They agree with you.

 

[apegaonkar9]

Dear TJ, why this tiktok is appearing ,It's really frustrating. Are we pramoting on this forum. Please remove this as well as 5paisa.
Thanking you in the anticipation,
Apegaonkar

 

[sridhga]

Okay from the Government's side, the following is due:

During 2014 election Modi promised jobs. He said "We have _____ many people of 18 to 28 age group in this country. Most of them need employment. We cannot afford another term of bad governance blah, blah blah." This government by using all its innovative skills managed to handle complicated things like Art. 370 etc which were BJP's old promises. Now they should seriously focus on employment and nothing else.

For example the govt can reduce taxes. Instead of going for drastic things like banking transaction tax etc which keeps up showing in the speeches of their ministers, they can expand presumptive taxation which exists in the current tax law to all business assessees like companies etc. and increase the turnover threshold to Rs. 100 crore. That makes it easy from a compliance perspective and it is simpler like banking transaction tax. Singapore and Hong Kong are surviving mainly on tax advantages as compared to larger countries like India. Most MNCs have their Asia HQ's in Singapore and not Indian cities because it is both a low tax regime and is easier to operate out of. But remember they are in Asia for markets like those of India and not that of Singapore. This has been my first hand observation looking closely at one of my clients. We need a better and simpler tax regime. Period.

I believe listing must be made easier for companies. That provides easier access to the capital markets.
One thing that I noticed is that in the last decade most companies approached PEs rather than the capital markets for funding. Many successful entrepreneurs like Karsanbhai Patel of Nirma group and Kambhatas of Rasna Ltd have taken their companies private because they felt that listing compliance is a distraction to their businesses. Capital market listing increases access to large funds via equity rather than bank loans or modern loan sharks like PE funds. Our country had a rash of listings in the 90's. We did not see anything like that in the last 10 years. Buoyant capital markets help in providing access to funds and create more jobs.

The only international business to ever list on Indian stock market is Standard Chartered Bank. Compare this to Singapore exchange where many MNCs are listed. SEBI should be transformed from being a capital markets killer to that of an enabler.

NSE and BSE should set up outreach offices in cities like Bengaluru for encouraging listing of smaller, younger companies and start ups. Small company listing should be made easier. India is not just Nifty and Bank Nifty.

Citizens and businesses should focus on entrepreneurship to solve their problems. The Gujrati and Marwari approach to business must be learnt across India. Such India specific entrepreneurial success stories must be taught in Indian colleges more often. New generation companies like Oyo have proved that they can create business opportunities and jobs in this environment. This transformation happens when our investors focus less on real estate and more on true businesses.

I have put across some ideas. Maybe some of you can pitch in with more ideas on, "What transforms the Indian economy?"

 

[XRAY27]

Smart phone viewing position and weight on neck bones...

 

[TraderRavi]

Results Today: Bharti Airtel, ONGC, Vodafone Idea, SAIL, Grasim Industries, Union Bank of India, Glenmark Pharma, MEP Infrastructure, Balkrishna Industries, MTNL, GVK Power, Suzlon Energy, GMR Infra, Unitech, PFC, Reliance Power, Sadbhav Engineering, Dish TV, Page Industries, Prabhat Dairy, Godfrey Phillips, Dilip Buildcon, HCC, Apollo Hospitals Enterprise, Reliance Infrastructure, MOIL, IDFC, Future Retail, Suven Life, NBCC, CESC

 

[TraderRavi]

Adani Power Q2: Consolidated net profit at Rs 3.9 crore versus Rs 386.9 crore, revenue was down 16.7% at Rs 5,915.7 crore versus Rs 7,104.2 crore, YoY

Bata India Q2: Consolidated net profit up 30.1% at Rs 71.3 crore versus Rs 54.9 crore, revenue up 7.3% at Rs 721.9 crore versus Rs 673 crore, YoY.

SpiceJet reported a widening of loss to Rs 462.6 crore in the three months ended September.

BHEL Q2: BHEL Q2: BHEL posted a 42 percent jump in consolidated net profit at Rs 120.95 crore in the second quarter ended September 30.

Cadila Healthcare Q2: Consolidated net profit down 74.3% at Rs 107 crore versus Rs 417.5 crore, revenue up 13.7% at Rs 3,366.6 crore versus Rs 2,961.2 crore, YoY

Pidilite Industries Q2: Net sales at Rs 1,797 crore grew by 3 percent YoY. PAT at Rs 325 crore grew by 41 percent YoY.

 

[vivektrader]

View attachment 38646

.

Vivek

 

[TraderRavi]

Retail inflation spikes to 16-month high

Driven by higher food prices, India's retail inflation surged to 4.62 percent in October, breaching Reserve Bank of India's medium-term target of 4 percent, latest price data released by the Central Statistics Office (CSO) on November 13 showed.

The inflation based on the Consumer Price Index (CPI) was 3.99 percent in September and 3.38 percent in October 2018.

 

[TraderRavi]

IRCTC profit surges 14% to Rs 172 crore during H1FY20; e-ticketing revenue jumps 81%

The Indian Railway Catering and Tourism Corporation (IRCTC), the ticketing arm of the Indian Railways, on Wednesday reported a 14 per cent year-on-year (YoY) rise in the net profit at Rs 172.16 crore for the half-year period ended September 30, 2019, helped by sharp rise in revenue from e-ticketing segment. This is the first earnings announcement by the IRCTC after its listing on Indian bourses on October 14, 2019.

"The net profit from continuing operations stood at Rs 151 crore in the April-September period of the previous fiscal (H1 FY19), IRCTC said in a filing to the Bombay Stock Exchange.

The Miniratna company said that the management has prepared financial results for 6 month ended September 30, 2019, in the absence of any past practice of quarterly closing of the financial accounts.

IRCTC's net revenue from operations grew 3.77 per cent to Rs 972.61 crore as against Rs 937.25 crore in the first half of the last fiscal.

Segment wise, revenue from catering business, which contribute the largest portion to the total revenue, rose 12.06 per cent to Rs 538.66 crore versus Rs 480.65 crore in the same period last year. Earnings from internet ticketing services surged 80.8 per cent to Rs 199.3 crore in the April-September period from Rs 110.23 crore in the corresponding period of the previous fiscal.

The profit before tax increased to Rs 265.94 crore during April-September period of 2019 as compared to Rs 230.65 crore in the year-ago period.

During the period under review, the total expenses increased to Rs 746.48 crore from Rs 734.22 crore in the corresponding period last year.

"The company has applied tax rate enacted on September 30, 2019, i.e., 25.17 per cent for the purpose of calculation of deferred tax assets as against tax rate of 34.944 per cent applicable up to March 31, 2019. This change has resulted in reversal of deferred tax assets during the year," IRCTC said in the regulatory filing.



https://www.businesstoday.in/curren...eticketing-revenue-jumps-81/story/390262.html